BGSF Common Stock Shares Outstanding vs Other Current Assets Analysis

BGSF Stock  USD 6.19  0.14  2.31%   
BG Staffing financial indicator trend analysis is way more than just evaluating BG Staffing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BG Staffing is a good investment. Please check the relationship between BG Staffing Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Staffing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BG Staffing Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between BG Staffing's Common Stock Shares Outstanding and Other Current Assets is 0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of BG Staffing, assuming nothing else is changed. The correlation between historical values of BG Staffing's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of BG Staffing are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., BG Staffing's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from BG Staffing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BG Staffing current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Staffing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.At this time, BG Staffing's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The BG Staffing's current Enterprise Value Multiple is estimated to increase to 303.31, while Selling General Administrative is projected to decrease to roughly 46.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.4M1.4M6.0M6.3M
Depreciation And Amortization3.7M4.1M7.8M8.2M

BG Staffing fundamental ratios Correlations

0.910.60.550.490.960.79-0.040.15-0.850.920.540.850.750.180.650.990.680.260.870.390.86-0.65-0.180.540.45
0.910.770.710.650.960.66-0.130.0-0.771.00.760.970.860.20.780.920.90.180.990.510.86-0.63-0.260.690.71
0.60.770.880.650.640.330.350.02-0.420.760.70.790.670.160.570.580.880.030.790.70.64-0.53-0.230.560.54
0.550.710.880.520.60.370.4-0.03-0.450.680.780.70.560.20.670.540.760.080.740.580.55-0.43-0.050.460.56
0.490.650.650.520.540.29-0.150.35-0.560.640.80.630.9-0.460.70.490.71-0.110.650.930.42-0.35-0.540.880.53
0.960.960.640.60.540.71-0.11-0.02-0.870.960.670.940.80.160.70.980.750.190.950.420.86-0.66-0.280.620.65
0.790.660.330.370.290.71-0.190.45-0.740.690.350.50.550.240.660.770.480.550.60.170.51-0.470.290.40.16
-0.04-0.130.350.4-0.15-0.11-0.19-0.060.08-0.16-0.06-0.03-0.270.04-0.28-0.08-0.12-0.11-0.080.19-0.07-0.190.03-0.28-0.25
0.150.00.02-0.030.35-0.020.45-0.06-0.230.020.01-0.140.19-0.360.20.10.030.18-0.050.35-0.15-0.180.150.14-0.5
-0.85-0.77-0.42-0.45-0.56-0.87-0.740.08-0.23-0.77-0.58-0.73-0.750.13-0.67-0.89-0.5-0.28-0.76-0.49-0.590.70.22-0.63-0.4
0.921.00.760.680.640.960.69-0.160.02-0.770.720.950.870.210.780.920.890.230.970.50.87-0.61-0.220.690.69
0.540.760.70.780.80.670.35-0.060.01-0.580.720.770.82-0.090.840.560.79-0.120.810.70.51-0.39-0.390.740.77
0.850.970.790.70.630.940.5-0.03-0.14-0.730.950.770.820.160.670.880.86-0.020.980.530.86-0.67-0.430.630.76
0.750.860.670.560.90.80.55-0.270.19-0.750.870.820.82-0.170.840.750.820.120.840.770.69-0.45-0.410.920.68
0.180.20.160.2-0.460.160.240.04-0.360.130.21-0.090.16-0.170.080.150.240.390.19-0.530.39-0.20.58-0.320.07
0.650.780.570.670.70.70.66-0.280.2-0.670.780.840.670.840.080.650.780.390.770.540.55-0.360.030.80.6
0.990.920.580.540.490.980.77-0.080.1-0.890.920.560.880.750.150.650.670.260.890.380.84-0.68-0.210.550.49
0.680.90.880.760.710.750.48-0.120.03-0.50.890.790.860.820.240.780.670.130.90.580.73-0.5-0.180.680.69
0.260.180.030.08-0.110.190.55-0.110.18-0.280.23-0.12-0.020.120.390.390.260.130.09-0.140.17-0.140.750.21-0.16
0.870.990.790.740.650.950.6-0.08-0.05-0.760.970.810.980.840.190.770.890.90.090.530.83-0.66-0.320.670.75
0.390.510.70.580.930.420.170.190.35-0.490.50.70.530.77-0.530.540.380.58-0.140.530.31-0.33-0.520.780.39
0.860.860.640.550.420.860.51-0.07-0.15-0.590.870.510.860.690.390.550.840.730.170.830.31-0.54-0.210.460.57
-0.65-0.63-0.53-0.43-0.35-0.66-0.47-0.19-0.180.7-0.61-0.39-0.67-0.45-0.2-0.36-0.68-0.5-0.14-0.66-0.33-0.540.15-0.25-0.16
-0.18-0.26-0.23-0.05-0.54-0.280.290.030.150.22-0.22-0.39-0.43-0.410.580.03-0.21-0.180.75-0.32-0.52-0.210.15-0.35-0.44
0.540.690.560.460.880.620.4-0.280.14-0.630.690.740.630.92-0.320.80.550.680.210.670.780.46-0.25-0.350.65
0.450.710.540.560.530.650.16-0.25-0.5-0.40.690.770.760.680.070.60.490.69-0.160.750.390.57-0.16-0.440.65
Click cells to compare fundamentals

BG Staffing Account Relationship Matchups

BG Staffing fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding10.4M10.3M10.4M10.5M10.8M9.3M
Total Assets115.6M130.3M148.3M194.7M178.5M118.0M
Short Long Term Debt Total32.9M41.6M44.0M66.7M68.9M46.2M
Other Current Liab1.0M11.7M22.1M21.5M19.5M11.5M
Total Current Liabilities13.7M18.3M28.4M50.5M85.1M89.3M
Total Stockholder Equity68.5M65.5M76.6M100.7M85.5M54.3M
Property Plant And Equipment Net7.9M9.7M8.2M2.1M6.7M4.0M
Current Deferred Revenue10.6M10.4M16.6M6.1M5.5M5.2M
Net Debt38.3M48.5M43.9M(45.4M)68.9M72.4M
Accounts Payable479.4K219.7K401.2K587K95K90.3K
Non Current Assets Total74.8M86.6M88.1M118.5M111.6M72.7M
Non Currrent Assets Other243.0K1.4M8.5M9.1M7.7M8.1M
Net Receivables39.5M32.8M48.1M71.2M56.8M40.9M
Good Will25.2M32.1M29.1M55.2M59.6M62.6M
Liabilities And Stockholders Equity115.6M130.3M148.3M194.7M178.5M117.9M
Non Current Liabilities Total33.4M46.6M43.3M43.4M7.9M7.5M
Other Current Assets19.5K10.8M11.9M9.9M10.1M10.6M
Other Stockholder Equity59.6M60.5M61.8M67.0M68.6M44.6M
Total Liab47.1M64.8M71.7M93.9M93.0M63.5M
Property Plant And Equipment Gross7.9M3.7B12.5M2.1M10.7M10.2M
Total Current Assets40.7M43.6M60.2M76.2M66.9M45.3M
Accumulated Other Comprehensive Income(1.4M)(2.1M)0.0(122.9K)58.3K58.3M
Short Term Debt1.7M4.5M5.5M28.1M65.1M68.4M
Intangible Assets33.8M33.8M33.6M47.6M30.4M32.3M
Common Stock75.8K73.8K66.4K107.7K52K49.4K
Other Liab2.2M9.6M4.7M10.2K11.8K11.2K
Net Tangible Assets9.5M65.5M13.9M100.7M115.8M121.6M
Retained Earnings8.8M5.0M14.6M33.7M16.9M11.1M
Other Assets7.9M17.0B17.2M89.8K103.3K98.2K
Long Term Debt27.1M32.0M35.9M40.4M46.4M31.0M
Common Stock Total Equity75.8K73.8M66.4K69.8K80.3K76.3K
Retained Earnings Total Equity8.8M5.0M14.6M33.7M38.7M40.6M
Long Term Debt Total15.8M27.1M32.0M35.9M41.3M30.5M
Capital Surpluse59.6M60.5M61.9M67.0M77.1M49.1M
Non Current Liabilities Other2.2M14.5M7.2M3.1M4.1M4.9M
Property Plant Equipment7.9M3.7M8.2M2.1M2.4M3.4M
Short Long Term Debt375K2.6M3.6M26.3M63.1M66.3M
Net Invested Capital96.0M100.1M116.0M66.7M148.7M109.4M
Net Working Capital27.0M25.4M31.8M25.7M(18.1M)(17.2M)
Capital Stock75.8K73.8K66.4K107.7K109K93.7K

Currently Active Assets on Macroaxis

When determining whether BG Staffing is a strong investment it is important to analyze BG Staffing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BG Staffing's future performance. For an informed investment choice regarding BGSF Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Staffing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BG Staffing. If investors know BGSF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BG Staffing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
0.15
Earnings Share
(0.13)
Revenue Per Share
25.929
Quarterly Revenue Growth
(0.15)
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BG Staffing's market value can be influenced by many factors that don't directly affect BG Staffing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BG Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.